PA PROPERTY AND CASUALTY EXAM FINAL
SCRIPT 2026 COMPLETE SOLUTION SET
◉ A) Dwelling
B) Other structures 10% of A
C) Personal property 10% of C
D) Fair Rental Value
E) Additional Living Expenses (Does not apply to Basic form)
DP1- ACV
DP 2&3- replacement cost value. Answer: Coverage A, B, C, D, and E
of dwelling policy
◉ Dwelling Policy. Answer: QOT: A 4 apartment building with 5
roomers or boarders would have what coverage?
◉ Personal Liability Supplement Coverages L & M. Answer: provides
liability and medical payments to others
◉ Damage by flood surface water or any water is not covered.
Answer: QOT: Water damage loss that is not covered under an
endorsed dwelling policy? **
,◉ Fair rental value. Answer: QOT: Coverage D for dwelling policy is..
◉ Peak Season Coverage. Answer: QOT: When a store has more
inventory during the peak season, which coverage should they use?
**
◉ Ordinance or Law coverage. Answer: Coverage for loss caused by
enforcement of ordinances or laws regulating construction and
repair of damaged buildings. (endorsement)
◉ Commercial Inland Marine Coverage. Answer: created to ensure
property such as cargo that was being transported from ocean going
vessels to destinations inland or within a country
-written on scheduled "open peril" basis
◉ Anything over sea. Answer: QOT: What isn't covered under a
Commericial Inland Marine Policy? **
◉ Covers portable property located on land, bridges, and tunnels.
Answer: QOT: What is the purpose of the Inland Marine Coverage?
◉ Equipment Dealers Form. Answer: covers a dealers stock in trade,
such as construction, agri, and other mobile equip
, ◉ monies and securities. Answer: QOT: Everything is covered under
valuable papers and records except.. **
◉ Signs Form. Answer: covers neon, fluorescent, automatic or
mechanical electric signs and lamps
◉ Contractors Equipment form. Answer: bulldozers, tractors.
Written on a special or named peril basis and coinsurance provision
generally applies
◉ Common Carriers. Answer: offer services to public at large and
are legally liable for damage to property they transport (bill of
lading)
◉ Truckers form. Answer: provides liability coverage to cover cargo
of others that is being transported. Trucker is covered if he is
negligent.
◉ Barns & other farm structures. Answer: QOT: What is included in
Farm Coverage G? **
◉ A) Dwelling
B) Other Structures (not farm structures)
SCRIPT 2026 COMPLETE SOLUTION SET
◉ A) Dwelling
B) Other structures 10% of A
C) Personal property 10% of C
D) Fair Rental Value
E) Additional Living Expenses (Does not apply to Basic form)
DP1- ACV
DP 2&3- replacement cost value. Answer: Coverage A, B, C, D, and E
of dwelling policy
◉ Dwelling Policy. Answer: QOT: A 4 apartment building with 5
roomers or boarders would have what coverage?
◉ Personal Liability Supplement Coverages L & M. Answer: provides
liability and medical payments to others
◉ Damage by flood surface water or any water is not covered.
Answer: QOT: Water damage loss that is not covered under an
endorsed dwelling policy? **
,◉ Fair rental value. Answer: QOT: Coverage D for dwelling policy is..
◉ Peak Season Coverage. Answer: QOT: When a store has more
inventory during the peak season, which coverage should they use?
**
◉ Ordinance or Law coverage. Answer: Coverage for loss caused by
enforcement of ordinances or laws regulating construction and
repair of damaged buildings. (endorsement)
◉ Commercial Inland Marine Coverage. Answer: created to ensure
property such as cargo that was being transported from ocean going
vessels to destinations inland or within a country
-written on scheduled "open peril" basis
◉ Anything over sea. Answer: QOT: What isn't covered under a
Commericial Inland Marine Policy? **
◉ Covers portable property located on land, bridges, and tunnels.
Answer: QOT: What is the purpose of the Inland Marine Coverage?
◉ Equipment Dealers Form. Answer: covers a dealers stock in trade,
such as construction, agri, and other mobile equip
, ◉ monies and securities. Answer: QOT: Everything is covered under
valuable papers and records except.. **
◉ Signs Form. Answer: covers neon, fluorescent, automatic or
mechanical electric signs and lamps
◉ Contractors Equipment form. Answer: bulldozers, tractors.
Written on a special or named peril basis and coinsurance provision
generally applies
◉ Common Carriers. Answer: offer services to public at large and
are legally liable for damage to property they transport (bill of
lading)
◉ Truckers form. Answer: provides liability coverage to cover cargo
of others that is being transported. Trucker is covered if he is
negligent.
◉ Barns & other farm structures. Answer: QOT: What is included in
Farm Coverage G? **
◉ A) Dwelling
B) Other Structures (not farm structures)
